Okay, I am going to try and attempt to solve the root causes of this problem. Please bear with me.
When you say "3 consecutive caps" do you mean hitting the CAPS lock 3 times, or typing 3 capital letters in succession?
What does "fast" mean? Are we talking .5 seconds? 3 seconds?
Are you able to try other keyboards to confirm yours is the only one doing this?
My suggestions are as follow.
Do not type/hit CAPS 3 times in a row.
Be wary of typing speed in those situations.
Try out a new keyboard to confirm if yours has a hardware issue.
Reinstall your OS to an eariler version (using the grey disks), then restoring a Time Machine backup to your computer.
Upgrade your OS to Lion (though I don't see this as a solution, same keyboard firmware)
Upgrade your keyboard to the new Lion model (same as new keyboard).
***If you're good with debugging, you can use XCode to play around with the HID kernel, I don't recommend this at all.
P.S. To get to the screen iCare is showing, goto System Pref<Keyboard<Keyboard Settings. If you don't see that page, there's a problem with your OS.